65 ST. PATRICK'S ROAD ***GREAT INVESTMENT OPPORTUNITY***, Drumcondra, Dublin 9

Sold 145.6 m2
Save
Print
Share

Description

***GREAT INVESTMENT OPPORTUNITY IN PRIME LOCATION*** Online Auction will take place on Thursday 29th September 2022 @ 3pm KELLY BRADSHAW DALTON in conjunction with Leinster Property Auctions are delighted to present this Investment property including 6 self contained flats in a high demand location on St Patrick's Road, Drumcondra. This attractive mid terrace red brick property will provide an excellent investment opportunity with a strong rent roll. The subject property is an investment property that was divided into 2 units. In 1991 the property was sub divided into 6 self contained flats: 4 x Studio Flats 2 x 1 Bedroom Flats Each flat has its own meter and there is 3 phase power. There is a small yard to the rear also with access to a shared lane. To the front is a small tiled garden in keeping with the local facade of Drumcondra. The property is vacant for over 2 years and affords the opportunity for full open market rent. Estimated rent for new refurbished studios would be €1200 per month and one bedroom apartments would be €1500 per month. Therefore the total rent roll here would be €93,600 after refurbishment. With an estimated €200,000 of costs to fully refurbish the 6 units, the property would offer a 12.1% yield.

Features

Features Great Investment Opportunity No Rental Caps Rear Access Prime Location Separate Meters
Show more...
Property Services
Find Property Conveyancing Solicitors, BER Assessors, Pre-Purchase Surveyors and Land Registry Surveyors competing for your business.
Mortgage calculator
Calculate the mortgage required for this property
Property Price Register in Drumcondra
View All Price Changes
Property Price Register
KELLY BRADSHAW DALTON
KELLY BRADSHAW DALTON
Tel: 01 80...
PSRA Licence No. 004564

Date created: Aug 17, 2022

KELLY BRADSHAW DALTON
KELLY BRADSHAW DALTON
PSRA Licence No. 004564
Vincent Kelly
Vincent Kelly
Call Agent: 01 80...